EXT excite technology services ltd

rio's beyer says higher uranium prices needed , page-4

  1. 1,381 Posts.
    Words and actions can go in two different directions.

    It wouldnt be shocking for him to put out negative views publicly, hoping to depress prices, prior to coming out with an offer. That offer would be relative to VWAP over a prior period of declined prices.

    In other words talking down uranium makes a whole lot of sense if you are a potential buyer of the commodity or mines producing it.
 
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